See also: ARA and Logos form strategic partnership to establish logistics real estate development to
SINGAPORE (Apr 30): Despite a slight improvement in performance q-o-q, analysts anticipate significant headwinds for the newly renamed ARA Logos Logistics Trust (ALOG) due to near-term uncertainties associated with the Covid-19 pandemic.
Previously known as Cache Logistics Trust, the transfer of ARA Asset Management’s entire stake in the REIT manager and 10.3% shareholding to Logos on Tuesday saw the REIT renamed to ARA Logos Logistics Trust to reflect the combined capabilities of ARA’s global fund management capabilities and LOGOS’s logistic expertise. While ALOG continues to be the majority shareholder, Logos serves as the REIT’s exclusive logistics real estate platform with $9.4 billion-worth of assets under its management as of December 2019.
